''Bidders flood Warren mill,'' Tribune Chronicle, March 12, 2013.
''RG Steel buyer will visit Warren,'' Tribune Chronicle, Sept. 6, 2012.
The following is from the article on RG steel: ''Conditions of the purchase agreement filed in federal bankruptcy court in Delaware include a clause that prohibits Betters from removing or selling ANY (my emphasis) assets required for steel production for at least a NINE month period.''
If Mr. Betters is challenged on the nine-month item in the bankruptcy case he will say that the items being sold at this time are not actually used in the production of steel.
It is a shame that we are to see the last vestige of the steel making in the Mahoning Valley dismantled and sold for scrap. I am talking about the blast furnace that is part of the RG complex. It was the largest blast furnace in the Valley.
May I quote from my letter dated Sept. 16, 2012? ''... So be it.'' and ''And so we have (had) RG Steel. I cannot end this letter on such a downbeat note.''
This is still steel territory. There are large companies with billions of dollars in foreign countries ... and there is still a global need for steel. A modern steel mill with the latest technology that money can buy and the steel minds that still exist in the Mahoning Valley can do a better job at making steel that can be done anywhere. We have the land and the expertise to do it.
Where are the entrepreneurs that can make this happen?
Leonard J. Sainato